109 Linda Lee Dr

Rotonda West, FL 33947
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3 bd, 2 ba | 1,975 sqft | Built in 2004

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List Price
$399,900

Initial Investment

$108,973

Purchase Price

$399,900

Down Payment

25%

Rent

$2,560

Total Return

$291,711

Annualized Return

28.6%

Cap Rate

4.5%

Gross Yield

7.7%

Cash Flow

-$4,921

Appreciation

12.6%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

7,887

HOA

$9/mo

Flood Risk

Not Required

This inviting Rotonda Lakes Pool Home is waiting for you! A screened entryway provides a warm welcome inside where you will find vaulted ceilings and a combination of tile and laminate flooring throughout the home. This open great room floor plan has plenty of space for everyone and plenty of natural light filters in through the triple sliding glass doors. This home is also located in an “X” flood zone, has a new roof as of November 2022, hurricane protection and pool safety barrier for added peace of mind. The large kitchen with white cabinets, Corian countertops and backsplash, and reach-in pantry will give you plenty of space for cooking up everyone’s favorite dishes. The breakfast nook features a great bay window and sliding glass doors that give you views of the backyard area. The ensuite master bedroom includes a walk-in closet, and easy pool access from the sliders. Dual vanities on an oversized cabinet and a walk-in shower are the highlights of the master bathroom. The guest bedrooms both have reach in closets and the guest bathroom has a nice tub/shower combo. Step onto the large, recently rescreened lanai and find room for all your patio furniture and friends to come over and enjoy pool parties and several trees and an abundance of foliage will give you plenty of privacy as you are relaxing outside. The backyard area is partially fenced, which will be great for your furry friends and little ones. The Rotonda Lakes community provides quick access to the Cape Haze Pioneer trail that features an 8+ mile bike path, picnic areas, and is dog friendly. There is also a large lake with walking paths for exercise or watching the wildlife, and if you enjoy fishing you will love the many opportunities with the many canals and lakes. Like to golf? You can choose from one of the 5 premier golf courses to keep you busy. Prefer the saltwater? Don’t worry, you will be less than 10 miles from local Gulf beaches, Lemon Bay, boat ramps, kayak launches and much more. This well priced home is ready for you to make it your own. Call today for an appointment.

See more in Analysis
Jeff Wills
Sefair Investments, Inc
FL Agent License #BK3326417

Annual Financial Highlights

Expected Rent

$29,184

Expenses

-$7,064

Property Taxes

-$5,300

Loan Payments

-$21,741

Net Cash Flow

-$4,921

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Carla Stiver, PA
Agent License 3039882
RE/MAX ALLIANCE GROUP
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #D6132354
Last Updated: 09/18/2023 19:09
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